When we hear airdrops, we say to ourselves, free money, free tokens or think of the probability that at some stage the token in question will make us that little bit richer.

That being said, here are 5 things to consider and look out for when chasing airdrops.

1. Listed on Etherscan — Is the token or coin listed on Etherscan?

Etherscan allows users to explore and search the Ethereum blockchain for transactions, addresses, tokens, prices and other activities taking place on Ethereum (ETH).

2. Listed on CoinGecko — Is the token traceable on Coingecko?

CoinGecko is a coin market ranking chart app that ranks digital currencies by developer activity, community, and liquidity.

3. Minimal Viable Product (MVP) — Does the token have demand?

Most tokens will be listed on some exchange or other, but the key thing is collecting the tokens/coins that have a use-case. What we mean by use-case, is that users of a platform will need the token to redeem services or products of the platform the token represents, creating its very own demand.

4. Exchange Listed — Is the currency tradable?

Every currency that has a value will be traded on the open market. This allows investors and stakeholders to sell, buy and trade cryptocurrencies for their liquidity.

5. Airdrop Outlet — Immediate distribution of the airdrop

Timing is very important when making it an occupation to track and collect profitable airdrops, and Zloadr’s Application makes it quick and easy to claim airdrop tokens. Not only can you get your hands on promising airdrops but you also can trade them straightaway within the app.